Only 1,713 days until the 2016 Presidential election!
• Speaking of Supreme Court delays into 2014, the Supremes themselves look like they may achieve that on health care.
• The Gallup poll on employment gave me and a lot of others heart palpitations today, but Joe Weisenthal says there’s nothing to worry about, because the poll isn’t seasonally adjusted.
• I didn’t realize that the changes to unemployment insurance in the payroll tax/UI/doc fix bill include boosts for work-sharing, which is a really good idea that I hope will expand.
• Should the European Central Bank really be wrapping up their work on bond purchases at this point?
• If the public employee unions in Wisconsin are backing Kathleen Falk as the candidate to go up against Scott Walker in the recall, I’d say she’s probably the candidate. The unions are really leading the way in that state. Falk lost the Attorney General’s race statewide in the strongly Dem year of 2006, incidentally.
• Alex Ulam on the foreclosure fraud settlement. I didn’t know that Nevada and Arizona got specific separate settlements on the BofA/Countrywide case at the same time, I just thought it was all folded in. Man, Nevada’s settlement makes Arizona’s look almost criminal.
• Cue the bleating about nanny-state liberalism telling kids what to eat in 3, 2…
• What a fresh surprise! Mitt Romney will announce a plan to cut taxes more.
• Ron Paul has piled on Rick Santorum in Michigan, yet another example of Paul coming to Mitt Romney’s aid. It’s a strange relationship.
• By the way, I don’t think Romney’s money problems are really problems, because anyone who wants to give to Mitt but is maxed out can simply fund the SuperPAC at an unlimited range. The huge cash-on-hand advantage for Obama will have at least some impact, however, perhaps in the ground game.
• It’s a depression for state and local government.
• Russ Feingold’s new book attacks know-nothing foreign policy, which accurately describes most of our politicians here in the US.
• While Shaun Donovan has been dialing up reporters to hype the mortgage settlement, the Federal Housing Administration is falling apart on his watch, particularly by refusing to give out loan modifications.
• Marriage equality will likely pass in Maryland this week, and then we’ll probably see two referendums in November (also in Washington state) where activists will have to defend the equality laws passed by the legislature.
• Tip for Republicans: your position on birth control polls really really badly.
• Most court observers believe that this case could end affirmative action for college admissions.
• Expect neocons here to wave this bloody shirt all around, as one Iranian leader (albeit a deputy head of the armed forces) threatens pre-emptive actions over their nuclear program.
• The Virginia House of Delegates punts for a second straight day on the trans-vaginal ultrasound bill – could the protests be having an impact?
• Sectarian violence in Libya.
• The White House has done a not-terrible job, in a number of cases, of enforcing trade agreements.
• Closing post offices would only increase the digital divide.
• Another Rubber room piece? I think we’ve got it.
• Very gracious of Vice President Biden to make a statement on the death of Anthony Shadid, the Pulitzer Prize-winning New York Times reporter on the Middle East.




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About FDL News Desk
Ah, priorities, priorities! Too bad about us.
White House Refuses to Release Email From Monsanto-Linked Lobbyist
“The information currently being withheld includes a portion of a January 2011 email that a top White House policy analyst received from a lobbyist with the Biotechnology Industry Organization (BIO), which represents GE seed companies such as Monsanto and Syngenta.
“According to legal filings, the White House withheld the portion of the email because it accidentally contained information on BIO’s lobbying strategy that, if released, would cause competitive harm to the group and the companies it represents.”
LINK.
And another:
Clinton pledges support for US business
“Clinton, meeting with executives from around the world, pledged that she would meet business leaders on every foreign trip and named former investment banker Heidi Rediker to a new position of State Department chief economist.”
LINK.
What a surprise!
Once again, speculators behind sharply rising oil and gasoline prices
” . . .the price of oil and gasoline has leaped far beyond conventional supply and demand variables. Financial speculators are piling into the market, torquing the Iranian fear factor into ever-higher prices.
‘”Speculation is now part of the DNA of oil prices. You cannot separate the two anymore. There is no demarcation,” said Fadel Gheit, a 30-year veteran of energy markets and an analyst at Oppenheimer & Co. “I still remain convinced oil prices are inflated.”‘
LINK.
How obvious does it have to be?
get off the oil.
We can go from pocket calculators to where we are with computers in a few years, but can’t get much past 1890 in the energy field.
pathetic.
But, as a great
adultererman said today, you can’t put a gun rack in a Volt.Great video showing, with old photos and film, the struggle of U.S. workers for jobs and justice in a hostile political environment (sound familiar?). Includes footage of the Bonus Army, rebuffed by Congress and fired upon by MacArthur. Just scroll down to the video.
This particular slime is back in the news for the usual.
Quick–hide all the dogs and cats!
How Goldman Sachs helped mask Greece’s debt LINK.
He is arguably a slime if you care about such things, but don’t forget that it’s crowing season.
Elsewhere, there’s a new FHFA phaseout plan for Fannie and Freddie, courtesy Mark Thoma. Kind of reminds me of those breakout plays that got fashionable in college football a couple of years ago. After you’ve seen a few, you start thinking maybe you know exactly what’s up. Plan pdf at http://www.fhfa.gov under news releases.
Since the mass roundup of 10 senior Sun personnel a couple of weekends ago, things Murdoch have taken a notably surreal turn: Buccaneer Murdoch does it again by striking back to save the empire; Leveson inquiry has chilling effect on freedom of speech, says Michael Gove …
… et cetera.
Feingold on foreign policy? That would be the Feingold who’s best buds with McCain, and the Feingold who sees nothing wrong with drones assassinating U.S. citizens.
We’ve got a solution for that today. Corp media are not allowed to cover homeless camps.
So you’re arguing that 8.7% or 8.5% unemployment rather than 9.0% unemployment is nothing to panic about? Seriously?
Do you want more Kool-Aid with your veal?
Persuade 45,000 people on each of those days to vote for your candidate–and you win in a landslide. That’s roughly 15 per county per day.
I suspect if we went back to our modes of transportation available in 1890, we’d be knee deep in horse sh!t.
I wish it weren’t so, but Falk has almost no chance to beat Walker. There is a deep, abiding, pathological hatred of all things Madison and Dane County in this state that infects otherwise reasonable people. We might as well not even bother if Falk is the candidate.
That story about the Iranian General, alleging that he made threats to preemptively strike Iran’s enemies was a distortion of what he is quoted as saying in a FARS news story. The repetition of the story in all of the major media newspapers was pure propaganda. To see it repeated here does not bode well for FDL. You have to play whack a mole with the war propagandists. They usually have a story out every day, twisting events into unfavorable lies about the next country they wish to invade. If FDL does not push back, why should readers looking for the truth come here???
link to FARS:
http://english.farsnews.com/newstext.php?nn=9010175592
A single poll is nothing to get worried about. And seasonal adjustment is necessary to determining the trend because it discounts workers who are temporarily employed and will soon become unemployed.
More important is knowing the margin of error.
Some unemployment data is based on sampled polls and some (new claims) is based on actual counts provided by the states.
The fundamental fact that should worry folks and apparently doesn’t is that the “marquee” unemployment rate has been over 8% for almost four years and the U-6 has been over 15% for a very long time.
The problem with the economy is that those high unemployment rates are considered the “new normal” by the media, employers, and those who still are employed. There was a time when a 5% marquee unemployment rate was considered a crisis.
Site traffic at fdl is down 30% over some period, according to oldgold on the prior thread.
Thanks for the link.
Peace.
I will come back later.
Today’s twist is on Iranians placing their military operations site off-list for IAEA inspectors: World reports “Iranian defiance.”
IAEA is just a pseudo-scientific gendarme of the larger world powers. It is like Iraq all over again.
When is someone going to bring a case on legacy admissions?
You just did push back. Thanks.
The Guardian was hyperbolic about what was a standard tough response from a defense official. Sending two ships to Syria is pre-emptive action. There is a difference between pre-emptive action and pre-emptive attack.
Western journalists have forgotten that national security is as much about deterrence as about warfare.
LOL Yeah, like maybe the exact amount of the check they wrote. Grrrr!
Trust, but verify.
From the foreclosure fraud link. Where did we hear that before? Ho Ho Ho Chi Minh, B of A is gonna win.
Newt was RIGHT in saying that, but what he overlooked was the fact that you can run someone over with a Volt and the net effect is the same. Options, people, options lol.
Depends on what “win” means. A zombie bank is still a zombie bank. It’s a matter of time before the self-inflicted wound brings it down.